Wealth tax: the state and application trends in OECD countries

Mykhailo Sverdan
PhD in Economics, Associate Professor, Department of Finance, Accounting and Auditing, University of Economics and Law «КRОК», E-mail:sverdanof@ukr.net

Cite this article:

Sverdan, M. (2015), Wealth tax: the state and application trends in OECD countries. Ed.: M. Zveryakov (ed.-in-ch.) and others [Podatok na bahatstvo: stan ta tendentsii zastosuvannia v krainah OESR; red.: М.I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin (ISSN 2313-4569), Odessa National Economic University, Odessa, Issue 3, No. 58, pp. 248–261.

Abstract

The financial essence of the wealth tax and its introduction preconditions are investigated in the article. The specificity of the functioning of wealth tax in a market social oriented economy is considered. The most important features of wealth tax functioning in OECD countries are determined. The factors that determine the position and converting of the wealth tax under modern conditions are researched.

Keywords

taxes; wealth; wealth tax; taxation; tax policy; tax system.

JEL classification: E620, H220

UD classification: 336:226

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